2 weeks Ago By Defense World Staff
Iris Energy Limited ( NASDAQ:IREN – Get Free Report ) was the target of a large decrease in short interest in the month of September. As of September 15th, there was short interest totalling 7,440,000 shares, a decrease of 16.4% from the August 31st total of 8,900,000 shares.
Based on an average daily trading volume, of 15,520,000 shares, the days-to-cover ratio is presently 0.5 days. Approximately 4.
3% of the company’s stock are short sold. Hedge Funds Weigh In On Iris Energy Several hedge funds and other institutional investors have recently modified their holdings of the stock. Truist Financial Corp lifted its position in Iris Energy by 3.
2% during the 2nd quarter. Truist Financial Corp now owns 51,575 shares of the company’s stock worth $582,000 after acquiring an additional 1,575 shares during the period. Bluefin Capital Management LLC acquired a new stake in shares of Iris Energy during the second quarter worth about $113,000.
VitalStone Financial LLC boosted its position in Iris Energy by 373.9% in the first quarter. VitalStone Financial LLC now owns 13,980 shares of the company’s stock valued at $71,000 after buying an additional 11,030 shares during the last quarter.
Seven Eight Capital LP acquired a new position in Iris Energy in the 2nd quarter worth approximately $146,000. Finally, Gordian Capital Singapore Pte Ltd acquired a new stake in Iris Energy during the 2nd quarter valued at approximately $149,000. 41.
08% of the stock is owned by hedge funds and other institutional investors. Iris Energy Stock Down 4.6 % IREN stock traded down $0.
41 on Monday, hitting $8.44. 11,658,962 shares of the company’s stock were exchanged, compared to its average volume of 12,548,419.
The firm has a 50 day moving average price of $8.14 and a two-hundred day moving average price of $8.18.
Iris Energy has a 12-month low of $2.79 and a 12-month high of $15.75.
Analyst Upgrades and Downgrades Read Our Latest Stock Report on IREN Iris Energy Company Profile ( Get Free Report ) Iris Energy Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia. Read More Five stocks we like better than Iris Energy 3 Warren Buffett Stocks to Buy Now TJX Stock: A Buying Opportunity Before the Holiday Rush Manufacturing Stocks Investing Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge Short Selling: How to Short a Stock Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth Receive News & Ratings for Iris Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iris Energy and related companies with MarketBeat.
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